A Gift from Xtend!

ATTENTION CREDIT UNIONS THAT USE SUBSTITUTE 1099s: From: Xtend To: You Take advantage of our FREE offer to notify your members that they will receive year-end tax information on their statements. To take advantage of this free offer, just email us by Wednesday, December 7. We will then send your members an email message on… Read more »

Dec 5, 2016

It’s Time for 2016 Year-End Training!

Presented by the Client Services and Education team, these FREE Year-End Trainings will help you learn how to plan for year-end processing. No need to register, simply choose the time that best meets your schedule, and use the link to join! Year-End training for online credit unions: Wednesday, November 30, 11 AM -12 PM ET… Read more »

Nov 9, 2016

DUE TODAY: Submit Your Tax Forms Instructions

Don’t Forget to Submit Your Tax Forms Instructions! Due Today,Monday, November 7 Online credit unions Update the Annual Tax Forms Handling Instructions screen by going to the Update Functions 1 (MNUPDT) menu and selecting Option 26, Update Tax Form Handling Instruc. Fill out the form according to how you’d like CU*Answers to process your tax information,… Read more »

Nov 7, 2016

Your 2016 Year-End Guide is on the Way!

Attention: Data processing coordinators Accounting managers IRA/HSA coordinators The 2016 Year-End Processing Guide On its way to, or just arrived at, your credit union is a copy of the  2016 Year-End Processing Guide, which provides critical information about your credit union’s responsibilities for year-end and tax-reporting season. If you do not receive the guide this… Read more »

Nov 1, 2016

Final Year-End Tasks and Deadlines

ATTENTION ONLINE AND SELF-PROCESSING CREDIT UNIONS With Tax Day just around the corner, your year-end tax-related duties are almost done! For Online AND Self-Processing Credit Unions Between April 18th and April 20th, verify and make last-minute modifications to contribution (5498) data in the IRA and HSA Balance files. For Self-Processing Credit Unions April 20: deadline… Read more »

Apr 4, 2016

Upcoming Tax-Related Deadlines and Updated Year-End Guide

ATTENTION ONLINE AND SELF-PROCESSING CREDIT UNIONS: We’re taking the tax out of taxing by sending you year-end reminders! Online Credit Unions February/March tax-related deadlines:  February 1 is the deadline for CU*Answers to furnish 1099 and 1098 forms to members. February 5 is the deadline for final changes to the tax file. During February, perform your routine… Read more »

Jan 15, 2016

January Tax Deadlines

ATTENTION ONLINE AND SELF-PROCESSING CREDIT UNIONS: We’re taking the tax out of taxing by sending you reminders to help you get your year-end tasks done on time! Online Credit Unions Between January 1 and January 6 Perform the final verification of distribution data in the IRA Balance File and HSA Balance File. Verify tax file data. Verify 1099-MISC… Read more »

Dec 30, 2015